Cease-traded Barkerville Gold Mines Ltd. has announced that it expects to file a revised, compliant technical report on its Cow Mountain gold deposit by the end of February, reports Business in Vancouver.
The B.C. Securities Commission (BCSC) cease-traded the company last August after the company filed a non-compliant technical report to back up its announcement of a massive gold estimate for its Cow Mountain deposit.
The company later announced that it had engaged Snowden Mining Industry Consultants Pty Ltd. to prepare an updated technical report.
In its most recent announcement, Barkerville Gold said that the company “reasonably expects that it might be in a position to fully respond to the BCSC’s technical disclosure comments and file a final and acceptable NI 43-101 [technical] report…by the final week of February.”
The company has also announced that it will hold an annual general meeting on April 16.
Previously, the company faced shareholder backlash, including a BC Supreme Court petition, when it announced that it been granted an extension enabling it to hold its AGM up until May 16, 2013.
By Jenny Wagler, [email protected]